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Mixed fortunes for 2007

8th February 2007
Page 69
Page 69, 8th February 2007 — Mixed fortunes for 2007
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Which of the following most accurately describes the problem?

Dealers are optimistic that trading conditions will improve in 2007, dismissing the recent downturn as the traditional end-of-year slump.

Used vehicle dealers reported that the used truck business as a whole slowed down at the end of last year—but according to Glass's Guide chief CV editor George Alexander, many felt this trend was simply a seasonal downturn and believe the first half 42007 will provide better trading conditions.

Nonetheless,he reports that many dealers think the tractor market will be even more uncertain than last year:"Initially.it's probable that the first late-year examples of Euro-4 artics will fall short of equivalent Euro-3 models of the same age.

"If true. this will be attributable to Euro-4 artics achieving fewer miles per tank due to the emissions burden they must bear. However, this will become less significant as the availability of Euro-3 models dries up and the industry moves on to Euro-5."

Alexander adds that plenty of mediocre 1990s box, curtainsider and even refrigerated box vans are still doing the rounds at auction: "These are typically hard-used and sell for Li ,25042,500 depending more on their badge than the registration plate."

Prices for post-2000 clean stock have had a shot in the arm because they represent the type of retail stock dealers are after. "From 2003 onward, a premium is being paid for MercedesBenz. Daf, lveco and MAN dropsiders/boxes that haven't covered too many miles and are well presented,"Alexander concludes. •

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